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    Traverse City, MI Shopping Centers for Sale

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    Gross, NE Williamsburg, MI Cedar, MI
    Warehouse MRKT in Traverse City
    $2,950,000
    18,454 SF
    Warehouse MRKT in Traverse City

    144 Hall Street, Traverse City, MI 49684

    Iconic Traverse City building with established tenants and redevelopment potential.
    • Prime location in Traverse City's thriving Warehouse District.
    • Established multi‑tenant rental model with 9 tenants.
    • Adaptable open floor plan with soaring ceilings and exposed beams.
    • Significant redevelopment potential for mixed‑use or flagship retail.
    • Sits on three‑quarters of an acre with on‑site parking.
    Updated: Aug 21, 2025
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    Iconic Warehouse MRKT Building
    $2,950,000
    18,454 SF
    Iconic Warehouse MRKT Building

    144 Hall St, Traverse City, MI 49684

    Thriving Traverse City marketplace with multi-tenant rental model.
    • Established multi‑tenant rental model with 9 tenants.
    • Prime location in Traverse City's thriving Warehouse District.
    • Adaptable open floor plan suitable for various uses (marketplace, retail, mixed‑use).
    • Sleek industrial design with soaring ceilings and exposed beams.
    • Located on three‑quarters of an acre with on‑site parking.
    Updated: Dec 9, 2025
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    Retail Space Near Cherryland Mall
    Contact for pricing
    4,168 SF
    Retail Space Near Cherryland Mall

    Retail space available in busy Traverse City shopping corridor.

    1712 S. Garfield Ave, Traverse City, MI 49686

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    Retail Center on Bustling Corridor
    Contact for pricing
    Retail Center on Bustling Corridor

    Shopping center drawing customers from a 22-county area.

    3315-3333 S. US-31 |, Traverse City, MI 49684

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mitchell Street Mall Investment Opportunity
    $2,340,000
    47,945 SF
    Mitchell Street Mall Investment Opportunity

    91% leased retail center with high cash-on-cash return.

    1508 N Mitchell Street, Cadillac, MI 49601

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    Retail Center in Cadillac, MI
    $2,484,000
    21,000 SF
    Retail Center in Cadillac, MI

    Fully leased retail center with high traffic location and income potential.

    8826 E 34 Rd, Cadillac, MI 49601

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    Retail Space in Petoskey, MI
    Contact for pricing
    Retail Space in Petoskey, MI

    Retail space with high visibility and traffic in Petoskey.

    910 Spring Street |, Petoskey, MI 49770

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    Petoskey Town Center Retail Space
    Contact for pricing
    Petoskey Town Center Retail Space

    Retail spaces available in the heart of Petoskey, Michigan.

    1305 Spring Street |, Petoskey, MI 49770

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land Near M-32 Frontage
    $399,900
    34.84 Acres
    Development Land Near M-32 Frontage

    34.84 acres development site with M-32 frontage and drive easement.

    VL W M-32, Gaylord, MI 49735

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    Development Land on M-32 Frontage
    $399,900
    34.84 Acres
    Development Land on M-32 Frontage

    34.84 acres ideal for development near major retailers.

    VL W M-32, Gaylord, MI 49735

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    3.61 Acre Commercial Parcel
    $189,900
    3.61 Acres
    3.61 Acre Commercial Parcel

    Commercial land parcel near Gladwin and West Branch, Michigan.

    3.61 Acres SUGAR RIVER, Gladwin, MI 48624

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    Commercial Corner Lot For Sale
    $390,000
    1.65 Acres
    Commercial Corner Lot For Sale

    Commercial corner lot zoned B5, suitable for various business ventures.

    TBD Broomfield Street, Mt Pleasant, MI 48858

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    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3423 Cass Rd
    REGIONAL SHOPPING CENTER, MALL
    2,968 SF Lot: 0.79 Acres
    Value Estimation by Request

    3423 Cass Rd, Traverse City, MI 49684-8842

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    221 Frnt St
    REGIONAL SHOPPING CENTER, MALL
    2,856 SF Lot: 0.12 Acres
    Value Estimation by Request

    221 Frnt St, Traverse City, MI 49684-2525

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    3675 Us Hwy 31st S
    MINI-MALL
    8,900 SF Lot: 1.02 Acres
    Value Estimation by Request

    3675 Us Hwy 31st S, Traverse City, MI 49684-5600

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    417 Un St
    REGIONAL SHOPPING CENTER, MALL
    2,646 SF Lot: 0.09 Acres
    Value Estimation by Request

    417 Un St, Traverse City, MI 49684-2536

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    111 Frnt St
    REGIONAL SHOPPING CENTER, MALL
    5,444 SF Lot: 0.14 Acres
    Value Estimation by Request

    111 Frnt St, Traverse City, MI 49684-2508

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    836 Hastings St
    REGIONAL SHOPPING CENTER, MALL
    1,473 SF Lot: 0.38 Acres

    836 Hastings St, Traverse City, MI 49686-3441

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    1396 Ws Airport Rd
    REGIONAL SHOPPING CENTER, MALL
    4,984 SF Lot: 0.49 Acres
    Value Estimation by Request

    1396 Ws Airport Rd, Traverse City, MI 49686-4771

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    219 Frnt St
    REGIONAL SHOPPING CENTER, MALL
    4,182 SF Lot: 0.07 Acres
    Value Estimation by Request

    219 Frnt St, Traverse City, MI 49684-5737

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    143 Frnt St
    REGIONAL SHOPPING CENTER, MALL
    2,070 SF Lot: 0.07 Acres
    Value Estimation by Request

    143 Frnt St, Traverse City, MI 49684-2508

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    405 Un St
    REGIONAL SHOPPING CENTER, MALL
    935 SF Lot: 0.08 Acres
    Value Estimation by Request

    405 Un St, Traverse City, MI 49684-2536

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    502 8th St
    REGIONAL SHOPPING CENTER, MALL
    2,680 SF Lot: 0.09 Acres
    Value Estimation by Request

    502 8th St, Traverse City, MI 49686-2629

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    1288 South Airport Rd
    Neighborhood centers
    7,047 SF
    Value Estimation by Request

    1288 South Airport Rd, Traverse City, MI 49686

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    2016 South Airport Rd
    Lifestyle centers
    14,777 SF Lot: 1.58 Acres
    Value Estimation by Request

    2016 South Airport Rd, Traverse City, MI 49684

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    3375 South Airport Rd
    Neighborhood centers
    5,903 SF
    Value Estimation by Request

    3375 South Airport Rd, Traverse City, MI 49684

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    1990 Us-31
    Lifestyle centers
    1,173 SF
    Value Estimation by Request

    1990 Us-31, Traverse City, MI 49686

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    1109 Woodmere Ave
    REGIONAL SHOPPING CENTER, MALL
    19,468 SF Lot: 0.88 Acres
    Value Estimation by Request

    1109 Woodmere Ave, Traverse City, MI 49686-4248

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    515 Wellington St
    REGIONAL SHOPPING CENTER, MALL
    3,526 SF Lot: 0.11 Acres
    Value Estimation by Request

    515 Wellington St, Traverse City, MI 49686-2660

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    709 Wadsworth St
    REGIONAL SHOPPING CENTER, MALL
    1,587 SF Lot: 0.06 Acres
    Value Estimation by Request

    709 Wadsworth St, Traverse City, MI 49684-3170

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    4013 Vance Rd
    REGIONAL SHOPPING CENTER, MALL
    1,920 SF Lot: 3.37 Acres
    Value Estimation by Request

    4013 Vance Rd, Traverse City, MI 49685-9314

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    476 Us Hwy 31st S
    SHOPPING CENTER, STRIP CENTER
    3,963 SF Lot: 1.72 Acres
    Value Estimation by Request

    476 Us Hwy 31st S, Traverse City, MI 49685-8017

    View details

    Traverse City, MI Shopping Centers Investment Opportunities Market Analysis

    Explore 72 shopping centers for sale in Traverse City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 18,454 square feet of properties for sale, with an estimated market value of $2,950,000.

    Sale prices for plazas in Traverse City, MI start at $2,950,000, averaging $2,950,000, and reaching up to $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Storefront properties 14
    Automotive properties 6
    Shopping centers 6
    Auto shops 3
    Parking lots & garages 2

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 2,500 to 5,000 square foot range.

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49684 $3M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

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